I was once talking with one of my classmates and he said that in the future, there will be universal basic income implemented by entire world. I was not convinced at that time and thought he is just being stupid but given the layoffs happening and massive amount of unemployment, I am thinking about this possibility. What do you say?
UBI isn't a panacea, but it seems to me that we are going to need creative solutions. It's not going to solve the issues we face that are fundamentally because there is too big a gap between the wealthy people and poor people. But capitalism is failing us and the center cannot hold.